Business and City Summary

Click to follow
The Independent Online
RJB wins British Coal contract

RJB Mining, which was recently floated, has won a pounds 60m contract with British Coal for coal extraction at an open-cast mining site in Derbyshire.

RJB Mining is one of the largest independent coal firms in the UK. It is seen as a contender to take over the operation of British Coal deep mines that have now been closed, and to take part in the eventual privatisation of British Coal.

Hoskins denial

David Shaw MP denied yesterday that he had resigned as a director of Hoskins Brewery. He said a statement issued by the company, which is currently the subject of a reverse takeover by Adam Page, the leisure entrepreneur, was incorrect. He said an attempt that he considered unlawful had been made to prevent him carrying out his responsibilities to report to shareholders on the deal.

Robinson Lottery

Gerry Robinson, the chief executive of Granada, the leisure group, has been appointed executive chairman of the consortium organised by Hambros bank to bid for the national lottery. To be called the Great British Lottery Company, its shareholders are Hambros, Granada and Vodafone.

Indian extradition

The United Arab Emirates has extradited to India a suspect linked to a dollars 1.3bn bank fraud. Niranjan Shah, an associate of Harshad 'Big Bull' Mehta, the chief suspect in last year's bank and stock market scandal, was flown to Bombay from the southern Gulf emirate of Dubai late on Saturday.

TODAY

Interims: Grosvenor Development Capital, Sycamore Holdings, Waste Management International.

AGMs: BAA, Foreign & Colonial Smaller.

EGMs: Faupel Trading, Smith New Court, Quicks Grp, Vizcaya.

TOMORROW

CBI survey of distributive trades (June); building societies' monthly figures (June); provisional estimates of monetary aggregates (June); main British banking groups' monthly statement (June).

Interims: Central Motor Auctions, Gartmore American Securities (Q1), HJ Joel Mining (Q), Randfontein Estates Gold Mining (Q), St Andrew Trust, Western Areas Gold Mining (Q), Witwatersrand (Q).

Finals: Brasway, Consolidated Murchison, Marling Industries, SmithKline Beecham.

AGMs: Argyll Grp, Cable & Wireless, A Cohen, Courtaulds, Powell Duffryn, St James' Place Capital, Warnford Investments.

EGM: City Merchants High Yield.

WEDNESDAY

Balance of trade with countries outside EC (June); retail sales (June); contruction orders (May).

Interims: Exmoor Dual Inv Trust (Q3), Trust of Property Shares, Yeoman Inv Trust.

Finals: Aim Grp, Eve Grp, Govett American.

AGMs: Bertam, Cassidy Brothers, Cullens Holdings, De La Rue, Dunhill Holdings, Essex Water, Merchant Retail, Moorgate Smaller, North West Water Grp, Osborne & Little, Rowe Evans International, Suffolk Water, Unigate, Vodafone Grp.

EGM: Bertam.

THURSDAY

Engineering sales and orders (May); vehicle production, provisional (June).

Interims: Bullough, Contra-Cyclical Inv Trust (div), Geared Income Inv Trust (Q), Grahams Rintoul Inv Trust, Hill & Smith Holdings, Holders Technology, Throgmorton Trust, Witan Inv Co.

Finals: Elbief, First Technology, Eliza Tinsley.

AGMs: Anglian Grp, Babcock International, Boots, Brockhampton, Chartwell Grp, City of London PR, Hardy Oil & Gas, Kelt Energy, Melville Street, Northumbrian Water, Regalian Property, Scapa Grp, South West Water, Southnews, Stoddard Sekers, VSEL Consortium, Yorkshire Water.

EGM: David Smith.

FRIDAY

Gross domestic product (Q2 1993,provisional estimate).

Final: Investors Capital Trust (Q3).

AGMs: Electrocomponents, NSM, Rolfe & Nolan Computer.

EGM: Alliance Resources.

Comments